World Trade: Tribute to Perseverance

A luscious fresco depicting The Triumph
of Venus looked down upon a group of delegates from the world's most
prosperous nations as they gathered last week at Le Bocage, a lakeside
villa in Geneva. The serious beginning of the Kennedy Round, after
weeks and months of trial and trouble, was not exactly a triumph of
love, but it was certainly a tribute to perseverance.

One by one, the representatives of the Common Market, the U.S., and ten
other nations faced Eric Wyndham White, the British executive secretary
for the General Agreement on Tariffs and Trade (GATT). One by one,...